【摘要】 近期西方国家的货币政策实践反映出"公告操作"正逐渐取代公开市场操作的位置,并在利率调控中发挥重要作用的发展趋势。实践表明,"公告操作"更为简单透明,有利于正确引导公众预期,并具有更好的调控效果。因此,在货币政策的未来发展中,"公告操作"极有可能成为中央银行另一个有力的政策操作工具。更多还原

【Abstract】 Recently it has been reflected in the practice of monetary policy in western countries that the"openmouth operation"has gradually replaced the openmarket operation,thus playing an important role in the control of interest rate.It has been proved that the"openmouth operation"is simpler and more transparent,beneficial to correctly guiding the expectation of the public,thus achieving better controlling effects.Therefore,in the future development of monetary policy,the "openmouth operation"is quite likely to become a powerful monetary policy implement.更多还原